New Page 2
New Page 2

Economic Empowerment
Industrial Development
Trade, Export and Investment
Financial Assistance
Legislation and Business Regulation

Media Statements

the dti to Finalise Designation of Atlantis and Nkomazi SEZs

The Minister of Trade and Industry, Dr Rob Davies says the department will finalise the designation of the Atlantis and the Nkomazi Special Economic Zones in the next financial year. Minister Davies was speaking in Parliament today where he was briefing members of the Portfolio Committee on Trade and Industry on the State of the Nation Address and Budget as they relate to the mandate of the Department of Trade and Industry (the dti).

“The Special Economic Zones (SEZ) Programme is a critical instrument for accelerating industrialisation. More importantly, the SEZ programme is a critical tool for attracting foreign direct investment, creating decent jobs, establishing new industrial centres as well as developing and improving infrastructure,” said Minister Davies.

He added that there were already eight SEZs that have been designated. These are Saldanha Bay in the Western Cape, Richards Bay and Dube Trade Port in KwaZulu-Natal, Coega and East London in the Eastern Cape, Maluti-a-Phofung in the Free State , Musina in Limpopo and OR Tambo in Gauteng.

“The Budget allocation of R4.9 billion for industrial infrastructure projects is in line with our objectives of expanding economic opportunities focused on under-developed areas.  The department will finalise two SEZs for designation namely, Atlantis (Western Cape) and Nkomazi (Mpumalanga) in the coming year,” announced Minister Davies.

He added that investments in SEZs would benefit from a reduced corporate tax rate and the Employment Tax Incentive.

“The package of support measures available to investors in SEZs is becoming comparable to that offered by our global competitors. SA still has work to do to improve the efficiency of regulatory decision-making but the investment offering is improving significantly,” he added.

Minister Davies also provided parliamentarians with highlights of the SEZ Programme. These include a R11.5 billion automotive investments another of R25 billion under the Independent Power Producer programme at Coega, R150 at Dube Trade-Port, a pipeline of 34 investments worth R14 billion for Saldanha Bay, and a R260 million in new investment at the OR Tambo SEZ covering horticulture and metal refining.

The proposed Atlantis SEZ will be positioned as a Green-tech Manufacturing Hub, with the intention of manufacturing green technology components and services such as solar PV components, wind turbine blades, wind turbine towers and solar water heaters. The green technology clusters that be implemented in the SEZ are expected to create over 1 400 jobs in Atlantis.  

The Nkomazi SEZ, which will be located in Komatipoort, is designed to be a multi-sectorial industrial zone which will focus on agro-processing, production of nutraceuticals, refining of nutritional oils, sugar mill, meat processing and leather beneficiation factories and production of fertilizer, among others.
Sidwell Medupe-Departmental Spokesperson
Tel: (012) 394 1650
Mobile: 079 492 1774
Issued by: The Department of Trade and Industry
Follow us on Twitter: @the_dti